Canadian Life Split (TSX:LFE) Dividend Payout Ratio : 0.39 (As of May. 2024)

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What is Canadian Life Split Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Canadian Life Split's Dividend Payout Ratio for the months ended in May. 2024 was 0.39.

The historical rank and industry rank for Canadian Life Split's Dividend Payout Ratio or its related term are showing as below:

TSX:LFE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.11 Max: 87
Current: 0.23

During the past 13 years, the highest Dividend Payout Ratio of Canadian Life Split was 87.00. The lowest was 0.06. And the median was 0.11.

TSX:LFE's Dividend Payout Ratio is ranked better than
83.06% of 1039 companies
in the Asset Management industry
Industry Median: 0.57 vs TSX:LFE: 0.23

As of today (2025-01-18), the Dividend Yield % of Canadian Life Split is 13.58%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canadian Life Split was 27.12%. The lowest was 1.59%. And the median was 5.27%.

Canadian Life Split's Dividends per Share for the months ended in May. 2024 was C$0.27.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canadian Life Split was 91.00% per year. The lowest was -56.30% per year. And the median was 10.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Canadian Life Split Dividend Payout Ratio Historical Data

The historical data trend for Canadian Life Split's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian Life Split Dividend Payout Ratio Chart

Canadian Life Split Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Dividend Payout Ratio

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0.06

Canadian Life Split Semi-Annual Data
	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	0.39

Competitive Comparison of Canadian Life Split's Dividend Payout Ratio

For the Asset Management subindustry, Canadian Life Split's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Life Split's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canadian Life Split's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Life Split's Dividend Payout Ratio falls into.

Canadian Life Split Dividend Payout Ratio Calculation

Canadian Life Split's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2023 )	/	EPS without NRI (A: Nov. 2023 )
	=	0	/	0.9
	=	0.00

Canadian Life Split's Dividend Payout Ratio for the quarter that ended in May. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: May. 2024 )	/	EPS without NRI (Q: May. 2024 )
	=	0.273	/	0.709
	=	0.39

Canadian Life Split (TSX:LFE) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Canadian Life Split Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Canadian Life Split's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Life Split Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian Life Companies Split Corp (TSX:LFE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CLSPF:USA LFE.PR.B.PFD:Canada

Address

200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2

Website

https://www.quadravest.com

Canadian Life Companies Split Corp is an investment management firm. The company invests in an actively managed portfolio of common shares comprised of four core large-capitalization Canadian life insurance companies. The firm's objective is to provide holders of Preferred shares with a cumulative preferential floating rate monthly dividend.

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